UAE Business

Dubai posts solid gains as UAE non-oil economy shows resilience

Seasonally adjusted UAE headline PMI inched up to 53.3 in August from July’s 52.9 Dubai’s non-oil economy once again delivered robust results, with the emirate’s PMI climbing to 53.6 from 53.5 in July The UAE’s non-oil private sector economy continued to show resilience in August despite signs of slowing demand, with Dubai emerging as a standout performer. While new orders rose at the...

Dubai’s non-oil economy maintains momentum in August amid strong output growth

The uptick was driven by a notable increase in business output, which grew at the fastest rate in seven months The Dubai Purchasing Managers’ Index (PMI) rose slightly to 53.6 from 53.5 in July Dubai’s non-oil private sector continued to show resilience in August, with business conditions improving at a steady pace, according to the latest data from S&P Global. The Dubai Purchasing...

Dubai’s One Freezone Passport: Louis Vuitton becomes first corporate member under scheme

The programme enables companies licensed at a single free zone to benefit from facilities located in other free zones across the emirate without additional licensing Dubai on Tuesday implemented the One Freezone Passport, which allows companies to operate across all free zones in the emirate under a single licence. Launched by Dubai Free Zones Council (DFZC), this programme makes doing business much...

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